Precision Aviation had a profit margin of 6.25%, a total assets turnover of 1.5, and an equity multiplier of 1.8. What was the

Question

Precision Aviation had a profit margin of 6.25%, a total assets turnover of 1.5, and an equity multiplier of 1.8. What was the firm's ROE?
O a. 20.93%
O b. 16.88%
c. 13.84%
d. 14.34%
e. 17.72%

Kunduz · Accepted Answer

Click to see the answer